We are excited to announce that Syrma SGS Technologies Ltd. has entered into a strategic Joint Venture with Italy-based Elemaster S.p.A Tecnologie Elettroniche, a global leader in electronic design and manufacturing. The JV will operate under our subsidiary, now renamed Syrma SGS Elemaster Pvt. Ltd.
As part of this partnership, a new 20,000 sq. ft. state-of-the-art facility will be established in the Bommasandra Industrial Area, Bengaluru, equipped with SMT, THT, and box-build assembly lines.
The collaboration will focus on serving high-reliability markets such as:
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Railway electronics
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Industrial electronics
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Medical electronics
By bringing together Syrma SGS’s scaled, cost-efficient execution and Elemaster’s design expertise and strong relationships with European OEMs, this JV will unlock new opportunities, strengthen global partnerships, and further advance the “Make in India” initiative.
This milestone reinforces Syrma SGS’s vision of positioning India as a trusted hub for advanced, high-tech manufacturing while creating long-term value for customers and stakeholders.